Increase in oil price

Brent oil rises to $40 amid hopes for output cuts, recovery

Oil rose on Wednesday, with Brent at $40 for the first time since March, as…

Oil approximately $74 on report of U.S. inventory drop, Iran sanctions

Brent oil rose to approximately 74 dollars a barrel on Wednesday as an industry report…

Oil prices rise to $70 on strong economy amid OPEC cuts

Oil prices were firm on Wednesday, receiving ongoing support from healthy economic growth as well…